Yes Bank is currently trading at Rs. 16.52, up by 0.45 points or 2.80% from its previous closing of Rs. 16.07 on the BSE.
The scrip opened at Rs. 16.14 and has touched a high and low of Rs. 16.63 and Rs. 16.10 respectively. So far 14756825 shares were traded on the counter.
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The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 24.75 on 14-Dec-2022 and a 52 week low of Rs. 14.10 on 23-Oct-2023.
Last one week high and low of the scrip stood at Rs. 16.63 and Rs. 15.86 respectively. The current market cap of the company is Rs. 47221.60 crore.
The Institutions and Non-Institutions held 64.10% and 35.90% stake in the company respectively.
Yes Bank has entered into a Memorandum of Understanding (MoU) with Accelerated Computing Enterprise (trading as ‘Cloud Ace India’), a leading provider of cloud solutions. The agreement signifies a pivotal step in YES BANK’s commitment at facilitating tech innovation and global digital transformation. It also emphasizes the Bank’s endeavour of using advanced cloud tech and financial expertise to assist businesses, startups, and entrepreneurs.
The goal is to improve customer convenience and security through cloud tech and provide tailored support to startups via YES Connect. YES Connect is a groundbreaking platform that serves as a one-stop solution for both existing and potential YES Bank customers. It empowers users to access basic Banking services, and also discover a wide array of solutions offered by the Bank and its esteemed partners.
A fundamental element of this partnership revolves around the dedication to promote innovation through the delivery of state-of-the-art cloud solutions and financial services. By merging Cloud Ace’s proficiency in cloud infrastructure, backed by Yes Bank’s financial knowledge, the collaboration seeks to assist businesses in simplifying their processes, cutting expenses, and achieving efficient growth.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
